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    Reference: 20210524
    Release date: 29 June 2022

    Promoter – Financial Intermediary




    The operation is a multi-scheme investment project for electricity distribution grid infrastructure in the Greater Stockholm area in Sweden, covering the period 2021-2026.


    Electricity distribution stations, most notably the Värtan station, are approaching the end of their technical lifetime, and there is a need to increase existing capacity to meet an expected increase in electricity consumption and to ensure a stable supply of electricity in Stockholm over the coming years.


    • Energy - Electricity, gas, steam and air conditioning supply

    Proposed EIB finance (Approximate amount)

    SEK 1000 million (EUR 92 million)

    Total cost (Approximate amount)

    SEK 2141 million (EUR 197 million)

    Environmental aspects

    The programme concerns electricity distribution schemes (underground cables, new substations and works in existing substations), some of which may fall under Annex I of the Directive 2014/52/EU, amending the EIA Directive 2011/92/EU, and will have to undergo an obligatory environmental impact assessment (EIA), while some schemes may fall under Annex II which requires the competent national authority to determine the need for an EIA. According to the Promoter, EIAs have already been carried out for two project schemes. The main impacts that can be typically expected for projects of this nature relate to visual impact and disturbance during construction.


    The Promoter is a public entity, subject to the Utilities Directive.


    Signed - 22/12/2022


    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
    They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Related tags

    Sweden Energy